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Anyone out there old enough to remember the theme song from “Twilight Zone?” (play theme song here)
Back in 2000, the high for the S&P 500 took place on March 24th (1,553), near the first day of spring, a couple of days after a full moon. Last week was the first day of spring and a full moon took place, with the S&P 500 up against key resistance in the chart above, reaching 1,570 as a high on March 27th.
We have been living in the Ben/QE zone for many years now. Did a near perfect pattern repeat take place 13 years later last week?
Can Ben stop this pattern from repeating again or are bigger forces at play? ;)
Check out Stocktwits chart here- Stay tuned, this could be fun!!!